Keyrock USDCEthereum · Morpho

Relative cap on market USPC/USDC (LLTV 91.5%) via adapter 0x7ca3…3635 increases from 0% to 50% of vault assets

CriticalExecutes in 2d 20hIncrease relative cap

Etherscan

Status

Executes in 2d 20h

Queued → executable

Oct 20, 09:27 → Oct 23, 09:27 UTC

Can be vetoed by

2 addresses

At stake

$8.24M TVL · $4.12M max allocatable

Curator or 1 sentinel (0xeab6…3408) can call revoke(data) before 2026-10-23 09:27 UTC. Up to $4.12M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $1.67M; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Keyrock USDCIncrease relative capBefore0%After50%0x0442…c145

Keyrock USDC: relative cap on market USPC/USDC (LLTV 91.5%) via adapter 0x7ca3…3635 increases from 0% to 50% of vault assets

Raw transaction

increaseRelativeCap · tx 0x7646…9eccShow calldata ›

Queue tx: 0x76461a1296d826b5b8b5f6a2f8e3269194134e0dada5354139dcc19d76c69ecc
Contract: 0x04422053addbc9bb2759b248b574e3fca76bc145

{
  "call": {
    "args": {
      "idData": "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",
      "newRelativeCap": "500000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "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",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9998565966773761
  },
  "capId": "0x61031076b07582fd5750fdfbfbf1d2a9f7b292fd19a79bfb37a5e0707c678d3b",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0x7ca32dcd9269b0beb21a4f364ded5cffcb7b3635",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "915000000000000000",
      "oracle": "0xbd748da9b61841387aca7e00879edbd5012a4539",
      "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
      "collateralToken": "0xbf4e3fbe8b60062a00c7a6b1d97d0d49c2971a19"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "915000000000000000",
    "oracle": "0xbd748da9b61841387aca7e00879edbd5012a4539",
    "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0xbf4e3fbe8b60062a00c7a6b1d97d0d49c2971a19",
    "collateralSymbol": "USPC",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x8fce0fcd01ddfc0cbb2e05b473cc40ebf9a99a17cc075ffb682316cb2a727e8e",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Keyrock USDC ›

Not investment advice. Severity marked AI is model-generated.